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In 2017, about 2.2 million people receiving pension from the SSS saw their take-home benefits increased by ₱1,000 with the approval of President Rodrigo Duterte. [12] Starting with a fund of ₱500,000 from the government, SSS' total assets grew to ₱474.7 billions and served 34.2 million members in 2016. [2]
Article 99 of the Labor Code of the Philippines stipulates that an employer may go over but never below minimum wage. Paying below the minimum wage is illegal. The Regional Tripartite Wages and Productivity Boards is the body that sets the amount for the minimum wage. In the Philippines, the minimum wage of a worker depends on where he works.
The Philippine Health Insurance Corporation (PhilHealth) was created in 1995 to implement universal health coverage in the Philippines. It is a tax-exempt, government-owned and controlled corporation (GOCC) of the Philippines, and is attached to the Department of Health. On August 4, 1969, Republic Act 6111 or the Philippine Medical Care Act of ...
Every employer shall grant to an employee who has been in continuous employment with the same employer for: (a) a period of 1 to 6 years - annual leave on full pay at the rate of 1.25 working days per month for each year of employment; or (b) a period of 7 to 19 years - annual leave on full pay at the rate of 1.75 working days per month for ...
Created by Commonwealth Act No. 186 and Republic Act No. 8291 (GSIS Act of 1997), GSIS is a social insurance institution that provides a defined benefit scheme under the law. It insures its members against the occurrence of certain contingencies in exchange for their monthly premium contributions.
As a signatory to the UDHR, the Philippines then declares an understanding and adherence of these fundamental and inalienable rights to its population. The Philippines has adhered to the UDHR through the Bill of Rights, and continued to create laws and policies that cater to a specific sector, like the Labor Code and the Indigenous Peoples' Rights.
It was established under Republic Act No. 6939 also known as the Cooperative Development Authority Act, as mandated by Republic Act No. 6939, the Cooperative Code of the Philippines. Republic Act No. 6939 was repealed and was replaced by Republic Act No. 9520, otherwise known as the "Philippine Cooperative Code of 2008."
Philippines: Central Lawbook Publishing Co., Inc. pp. 18–20. ISBN 971-16-0333-0. External links. The 1987 Constitution Archived January 5, 2019, at the Wayback Machine; Evolution of Philippine Constitution [permanent dead link] Cory's Proclamation No. 3 by Napoleon G. Rama, Philippines Free Press, April 19, 1986